Ocado boosted as partner Kroger orders new automated technologies

LONDON, July 22 (Reuters) – British online supermarket and technology group Ocado (OCDO.L), opens new tab said on Monday its U.S. partner Kroger (KR.N), opens new tab had placed an order for a wide range of new automated technologies to roll out in warehouses across its network.
Ocado shares slumped last month after its Canadian supermarket partner Sobeys paused the opening of a fourth robotic warehouse, but have since recovered as Japanese partner Aeon (8267.T), opens new tab committed to build a third warehouse and Ocado raised its annual financial guidance.